Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
This State Leads the U.S. With the Worst Underwater Mortgage Rates

Housing affordability continues to be a primary concern in many parts of the country, according to newly released research. The latest Housing Risk Report from ATTOM, a real estate analytics firm, spotlights county-level housing markets around the United States that are more or less vulnerable to de
Read MoreFlorida Home Prices Poised To Drop Even Further in 2026 After Years of Weakness

Home prices in Florida are expected to slide further next year after several years of weakness, according to new projections from the Realtor.com® 2026 national housing forecast. Across Florida's eight largest metro areas, median sales prices for existing homes and condos are projected to fall an av
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“Owning Manhattan” star Jade Shenker is back on the market and keeping her options open—both in love and real estate. After Season 1 of the Netflix series focused heavily on her troubled five-year marriage and ultimate separation, Shenker has moved on from that relationship by moving into a new bach
Read More Fed Rate Cut Is Likely Next Week, but Don’t Expect Mortgage Rates To Budge

Federal Reserve policymakers are expected to vote in favor of another interest rate cut next week, but experts are expecting little impact on mortgage rates, which have hovered near one-year lows around 6.2% for the last month. The Realtor.com® economic research team's 2026 national housing forecast
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An enormous Cape Cod compound that sits just a few feet away from the Kennedy family's iconic Hyannis Port estate has undergone a $4.3 million price chop—more than a year after it first hit the market. The sprawling property, which is made up of a seven-bedroom main house and a six-bedroom guesthous
Read More What Happens to Your Home If You Die With a Reverse Mortgage?

A reverse mortgage can be a handy financial tool for older homeowners who want to take the equity they’ve built up and turn it into cash, without having to sell the home entirely. Like many loan products, however, you and your heirs can’t get out of the deal simply by dying. In fact, if you do die
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A Cape Cod cottage that sits mere feet away from the edge of an eroding ocean bluff has traded hands for the bargain price of $100,000—less than two months after it was put on the market for more than double that amount. The property at 153 Brownell Road in Eastham, MA, was put on the market for $23
Read More Wealth of Top 1% of Americans Surges to Record $52 Trillion

The combined wealth of America's 1 percenters climbed to a record-setting $52 trillion in the spring—enough to purchase every home in the U.S. and still have a couple of trillions left over. The top 1% of Americans saw their net worth grow by more than $4 trillion in the second quarter of 2025 compa
Read MoreWhy it’s too easy to say ‘no’ to new-home development in America

It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. Scarce, costly capital Slow approvals and entitlement drag Workforce constraints and generational handoffs Climate-driven costs and insurance uncertainty Buyer fear, hesitation, and confusi
Read MoreSteve Ross backs South Florida air-taxi network

In a not too distant future, financiers in Steve Ross’ West Palm Beach office towers will be able to leave work and zip down to his Hard Rock Stadium in Miami Gardens in less than 30 minutes. They will ride, Jetsons-style, in Archer Aviation air taxis, thanks to the billionaire Related Ross chairman
Read MoreLuxury home sellers offering more creative concessions

Luxury home sellers are offering more and increasingly creative concessions in 2025, according to The Agency’s annual Red Paper, a comprehensive wealth and real estate market report. A survey of The Agency brokers saw more than 60% reporting more concessions this year compared to 2024. “Concessions
Read MoreLouisiana again tops the chart for outbound moves
If the continued slow pace of existing home sales wasn’t enough to convince you that fewer Americans are moving, Atlas Van Lines’ 2025 Migration Patterns Study would like you to consider its findings. Published on Wednesday, the report found that overall mobility in the U.S. is low, which the study
Read MoreFannie Mae, Freddie Mac limit public housing data releases

Fannie Mae and Freddie Mac have curtailed the public release of their economic and housing data, prompting questions about the potential impact to the mortgage market that relies on the data, according to reporting by Inman. Fannie Mae did not release its National Housing Survey in November, marking
Read MoreRedfin defends climate risk transparency after Zillow removes data

While Zillow made waves earlier this week after removing climate risk data, which was supplied by First Street Technologies, from its listings, Redfin has taken a different approach. In a post on LinkedIn, Redfin’s chief economist Daryl Fairweather wrote that her firm had made the choice to continue
Read MoreDeveloper shrinks resi plans near Naranja, opting for townhomes

A developer scaled back his plan for a 500-unit project with mostly apartments near Naranja to a 245 townhome complex, citing higher demand for larger homes. Attorney Gus Deribeaux, through two entities, wants to develop the townhomes on a 17.3-acre mostly vacant site on the southwest corner of Old
Read MoreHousing affordability dominates California gubernatorial race

California has made significant efforts to address housing affordability through numerous new laws under Gov. Gavin Newsom. Candidates seeking to replace the term-limited Newsom, however, act as if little has been accomplished. The laws lacked swift, decisive enforcement to push the affordable goal,
Read MoreSenate Democrats warn CFPB shutdown could disrupt prime interest rates

U.S. Senate Democrats sent a letter to Consumer Financial Protection Bureau (CFPB) acting director Russell Vought raising concerns that any “efforts to shutter the agency” could disrupt the publication of average prime offer rates (APOR), a key benchmark in the mortgage market. The CFPB manually cal
Read MoreNew Bill Could Help Nonprofits Save Affordable Apartments in This Major Metro

New Yorkers sent a powerful message in November’s mayoral election: Rent is too high. And now, an emboldened City Council has revamped a 5-year-old bill to tackle the issue from an untraditional angle: helping nonprofits buy distressed apartment buildings before they hit the market. The new and impr
Read MoreBillionaire Jorge Mas linked to $100M+ sale of waterfront Coconut Grove property

A company tied to billionaire businessman Jorge Mas sold a waterfront property in Miami’s Coconut Grove for more than $100 million, The Real Deal has learned. The sale of the 7.3-acre residential lot off of Douglas Road next to the Kampong botanical garden marks one of the priciest residential sale
Read MoreFormer CFPB Director Rohit Chopra lands new consumer watchdog role

Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB) and a previous member of the Federal Trade Commission, has landed a new job. According to reporting from Bloomberg on Tuesday, a coalition of Democratic state prosecutors called The Progressive State Leaders Committee (
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